Tag: Mandi scrap index prices
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SteelMint: India steel scrap index rises on hike in semi-finished steel prices
SteelMint’s domestic steel scrap (end-cutting) index rose sharply by INR 2,000/tonne (t) to INR 51,500/t DAP Mandi Gobindgarh on 15 Apr’22. Increased sponge iron and semi-finished steel prices across regions propelled scrap traders to raise their offers today. It was also heard that a few ingot suppliers in the Punjab region had been holding their…